BUSINESS FOR SALE
Medical Billing Company
Business type:
Ambulatory Health Care Services - Offices of Dentists - Dentists' offices
Description:
This is a medical billing and consulting firm that also sells software and does some consulting. The company was started in 1994. The company focuses on productivity and profitability improvement as well as training, specifically around medical billing, claims processing, and HIPAA compliance. The main line of software sold is MediSoft from McKesson. The firm is a Silver VAR (Value Added Reseller), awarded for their high level of product sales. (Was previously a GOLD VAR but all levels restarted after McKesson acquisition.)Silver VAR status entitles them to preferential support as well as lower software buying costs translating into higher profits from each sale.
With the McKesson products, comes daily support and assistance for 90% of the providers that buy the products. The staff takes care of all accounts receivable including processing provider’s claims to the insurance carriers, posting all payments, sending out patient statements, working collections, etc.
Location:
Brentwood, TN 37027
United States
Business' website URL:
na
Form of ownership:
Sole
Year established:
More than 10 years
Year of last acqusition:
1994
Annual revenue (YTD / last year / 2 years ago), $ amount:
275000
Account receivables percentage, % of revenue:
5
Collection, % of revenue:
0
Approximate number of clients (who have visited the office for the last 2 years):
10
Is this building for sale?
No
Facilities:
Lease
Inventory, $ amount:
0
Employees:
4
Does Owner of Business provide training?
Yes
Reason for selling:
Retirement
Asking price:
1
Owners financing:
Yes
Is Asking Price Appraised?
No
Would you consider a Buyer from different state/country?
Yes/Yes
Comments:
na
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